Street Talk

No brake for Nash Capital as it signs second deal from growth fund

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 20, 2025 – 6.37pm

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Nash Capital, the private equity arm of its eponymous advisory firm, has landed a second asset for its inaugural $80 million growth fund, taking a cornerstone stake in a software business that’s bringing artificial intelligence to the world of smash repair yards.

Nash has turned up as the first outside investor in Clear21, and its investment will help the company expand into the United Kingdom. Its flagship product, iBodyshop, helps operators with things like quoting for repairs, scheduling time in the workshop and parts procurement.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.